British Pound / U.S. Dollar
Updated

GBPUSD Outlook 5/22

452
Looking to see weakness in GU, We are at the OB, it can still put another high in inside the OB, or begin to reject off it.
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snapshot would like to see something like this.
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snapshot tapped in
Trade closed: stop reached
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giving it another shot with SL above 4H OB snapshot
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snapshot adding a forward test position here. from a 15min OB. initial entry was risk, looking to use this as confidence to be more patient for first OB if it holds.
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snapshot
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About an hour left in this 4H candle, we want to see it close below the 4H FVG as further confirmation of downside. snapshot
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snapshot going break even.
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snapshot london had other plans, taken out for a partial loss.
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snapshot short on GU
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snapshot going break even here.
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snapshot moving well. this is a more conservative TP area.
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Looks like im going to have to rely on FOMC minutes for completion. fingers crossed it doesnt just spike me out. SL at break even still.
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snapshot calm before the storm.
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didn't want to hold this interday but its shaping up that way.
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snapshot TP1 hit on GU, 80% off the table as usual.
Trade closed: target reached
snapshot TP2 Hit, trade collapsed.
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snapshot I usually keep this level of post trade analysis private. I have private pages where I break down every successful trade.

I plan to share more like this in private membership content. However this right here is powerful information if you know what to do with it.
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snapshot long on GU.
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Still holding, gave it to the london low
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doubled up off 5min FVG snapshot will delete to not clutter chart.
Trade closed: stop reached

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